2024 Standard Tax Deduction Amount 2024

2024 Standard Tax Deduction Amount 2024. The budget 2024 announced a rs.25,000 hike in the standard deduction under the new regime. Here's a look at the projected numbers for the tax year 2024, beginning jan.


2024 Standard Tax Deduction Amount 2024

In an effort to make the new tax regime more attractive and put more money in the hands of salaried people, finance minister nirmala sitharaman on tuesday. Considering rising cost of living and inflation, taxpayers want budget 2024 to increase standard deduction limit from rs 50,000.

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